SA overshoots R1.2 trillion investment goal by more than R300bn – Ramaphosa

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This means that Team South Africa secured at least 25% more investment pledges than it set out in 2018 at the first Investment Conference.

JOHANNESBURG - President Cyril Ramaphosa said the country overshot its R1.2 trillion investment goal by more than R300-billion.

Ramaphosa made the announcement during his closing remarks at the fifth investment drive on Thursday night.Ramaphosa said the investment pledges made in the latest drive would focus on developing 21 district municipalities across the country. This includes almost R20 billion in investments by the South African National Roads Agency in the construction of roads, bridges and critical transport infrastructure.

 

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Ramaphosa PR campaign, they will be spreading unverifiable nonsense just to campaign for Ramaphosa, and a lot of people will believe this nonsense. That money might as well be from Ramaphosa's sofa.🤣

Promises are easy, actions are a bit more difficult!

And we sit with a high unemployment rate so who was employed during this investments...

He is referring to pledges, not actual investments. Past 5 years only a fraction of actual investments to date.

If this is true, I would really like to know what is going on in the heads of these purported investors! Have they lost their minds?

Is that so,God help SA and Her people

I have become so cynical- if CyrilRamaphosa says it’s good weather today, I would have to open the curtains and look outside myself.

Most of it is hidden inside CR17 accounts

Pledges do not equal actual investment 🙄 Are you guys not able to think - and therefore publish - critically?

And the ANC will steal most of it 👌🏼

Upgrades on the solar panels for all ministers with a free home make over won’t be much left to better the lives of South Africans

How much their stolen from that money half of it

He is going to hide some of this money under his Sofas and mattresses

It’s fn pledges not money. I’ll pledge R6 billion tomorrow. These fokkers will catch the gullible every time for a vote and gogos with their pit toilets and Sassa will fall for it every time. Anc is evil.

Mxm

And how much of thisnis going to go away because we keep on flirting with Russia!?! ramaplatitude

New cadres Bentleys loading MbalulaFikile

Wow that is amazing! Either the bar is too low (unlikely) or CyrilRamaphosa just makes this stuff up as he goes along, clearly oblivious to the reality that the hoi poloi are having to resiliently tolerate. There cannot be a reasonable investment value proposition at present.

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President Ramaphosa's drive for R1.2 trillion investment almost realised - SABC NewsSouth Africa’s Investment Conference has to date achieved 95% of its R1.2-trillion target. Since 2018, government has been on a mission to attract over a trillion rand in investments. Except we have not seen as single job created as a result. Instead we have repeatedly lost thousands of jobs. Where and how is this investment actually going to start benefitting South Africans? Lol 🤣🤣🤣😂 yet citizens are swimming in pool of poverty and lost their jobs lol 😂😂🤣🤣 ifilimi scam , Bitcoin administration Weird how the people don't see any of it. Crime is at its highest, service delivery at its lowest, filth all over, borders open to criminals. Show me the money !!
Source: SABCNews - 🏆 37. / 51 Read more »